Consolidated Annual Accounts 2017

Atresmedia Corporación de Medios de Comunicación, S.A. and Subsidiaries Translation of consolidated financial statements originally issued in Spanish and prepared in accordance with the regulatory financial reporting framework applicable to the Group in Spain (see Notes 2 and 29). In the event of discrepancy, the Spanish-language version prevails. 2017 CONSOLIDATED FINANCIAL STATEMENTS 69 24. Earnings per share Basic earnings per share Basic earnings per share are calculated by dividing the profit for the period attributable to holders of ordinary equity instruments of the Parent by the weighted average number of ordinary shares outstanding in the period. Accordingly: 2017 2016 Profit for the period attributable to the Parent (thousands of euros) 142,108 129,152 Weighted average number of ordinary shares outstanding (thousands of shares) 225,733 225,733 Basic earnings per share (euros) 0.63 0.57 The average number of shares outstanding includes treasury shares, since they are considered to be shares outstanding. The diluted earnings per share coincide with basic earnings per share since there are no equity instruments with a dilutive effect. 25. Proposed distribution of profit The proposed distribution of the profit for the year of Atresmedia Corporación de Medios de Comunicación, S.A. that the Parent's directors will submit for approval by the shareholders at the General Meeting is as follows (in thousands of euros): The Parent's Board of Directors, at the meeting held on 22 November 2017, resolved to distribute out of the Company's profit for 2017 a gross amount of twenty-two euro cents (EUR 0.22) for each of the shares entitled to receive this interim dividend, representing a total of EUR 49,487 thousand, recognised under “Equity - Interim dividend” in the accompanying balance sheet. 2017 Interim dividends paid in 2017 (EUR 0.22/share) 49,487 Maximum final paid (EUR 0.30/share) 67,720 To voluntary reserves 20,085 Total 137,292